Daily Insider Ratings Round Up 7/12/18

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Includes: ANET, CRM, CSOD, EGN, EPE, FROPX, GFN, LOXO, MDIT, MIC, MSVB, MTSL, PANW, PFPT, PZG, XNCR
by: InsiderInsights

Summary

Tables of the top insider purchases and sales filed with the SEC on 7/12/18, based on dollar value.

Dollar values often do not equate with significance when it comes to insider trades.

Proprietary Insider Company Ratings are relayed to clarify significance.

InsiderInsights' Daily Round Up articles rate the "significance" of the top 10 dollar value insider purchases and sales filed at the SEC on the Title date. Dollar value is only the most basic metric to assess the significance of an insider transaction, however, and there are many more "Significant" insider trades with lower dollar values every day in our comprehensive Daily Insider Ratings Reports, which also reach clients before the market opens each morning. Our free Round-Up articles are delayed.

We employ over a million lines of code programming our decades of experience analyzing insider transactions to harvest, analyze, and profitably rate insider transactions in real time. When a new insider transaction occurs, our programs mathematically score the significance of the company's 3-month insider profile based on numerous criteria.

Stocks that achieve an InsiderInsights Company Rating of "Significant" and "Nearly Significant" have been independently validated to generate alpha as a group. Only stocks that achieve those Ratings on the tables below are highlighted in our article headlines, and have our articles linked to their Seeking Alpha company profiles.

The intention of our Round Up articles is to both separate real insider investment intelligence from time-wasting noise and to educate investors that - though insider transactions are indeed an excellent source of investment intelligence - it takes much more analysis than screening by dollar values to make money from insider data.

Seasonal Note: We're definitely in the summer doldrums for insider trading filings. The volume of Form 4s will stay low for most of July, before ramping up in August and staying strong through September.

On Today's Tables:

Insider trades were rated Significant at:

  • Mid-Southern Bancorp (NASDAQ:MSVB);
  • Macquarie Infrastructure (NYSE:MIC);
  • Medite Cancer Diagnostics (OTCQB:MDIT);
  • General Finance (NASDAQ:GFN) (Significantly Bullish despite the large sale), and;
  • Energen (NYSE:EGN).

Insider trades were considered Insignificant at:

  • Paramount Gold Nevada (NYSEMKT:PZG);
  • Xencor (NASDAQ:XNCR);
  • Proofpoint (NASDAQ:PFPT);
  • Loxo Oncology (NASDAQ:LOXO);
  • EP Energy (NYSE:EPE);
  • Cornerstone OnDemand (NASDAQ:CSOD), and;
  • Arista Networks (NYSE:ANET).

There is a Conflicted Insider Signal (both purchases & sales) at:

  • Palo Alto Net (NYSE:PANW);
  • MER Telemanagement Solutions (NASDAQ:MTSL), and;
  • Salesforce.com (NYSE:CRM).

There is an IPO or Known Corporate Action at:

  • Flat Rock Opportunity Fund (MUTF:FROPX).

It's difficult to argue significance for most transactions made during IPOs, or when insiders make trades during a known corporate action.


Don't agree with our Rating? Click the Company Name links in the tables below to analyze a company's or insider's full insider history yourself and reach your own conclusions!


Insider Purchases

#: Filer Name Insider Titles Company Name Ticker TransType Dollar Value

1

Macquarie

BO

Macquarie Infrastructure

MIC

AB

$9,614,625

2

Grunewald Robert

CEO, DIR

Flat Rock Opportunity Fund

FROPX

JB*

$1,390,000

3

Mintbroker Intl

BO

MER Telemanagement Solutions

MTSL

JB*

$682,285

4

Lewis William Austin Iv

DIR, BO

Medite Cancer Diagnostics

MDIT

JB*

$550,000

5

Fcmi Parent

BO

Paramount Gold Nevada

PZG

JB*

$475,000

6

Icahn Carl C

O

Energen

EGN

B

$345,110

7

Fisher Trent L

DIR

Mid-Southern Bancorp

MSVB

JB*

$300,000

8

Babey Alexander G

PR, CEO

Mid-Southern Bancorp

MSVB

JB*

$200,000

9

Benson Frank M

VP

Mid-Southern Bancorp

MSVB

JB*

$200,000

10

Rosenbaum Brent A

DIR

Mid-Southern Bancorp

MSVB

JB*

$100,000

Insider Sales

#: Filer Name Insider Titles Company Name Ticker TransType Dollar Value

1

Aisling Capital Iii

BO

Loxo Oncology

LOXO

JS*

$251,202,000

2

Stafford John S Iii

BO

Xencor

XNCR

S

$5,489,265

3

Auvil Paul R Iii

CFO

Proofpoint

PFPT

AS

$4,710,147

4

Gagnon Neil

BO

General Finance

GFN

S

$4,639,476

5

Duda Kenneth

CTO, VP

Arista Networks

ANET

AS

$2,963,025

6

Mintbroker Intl

BO

MER Telemanagement Solutions

MTSL

S

$1,610,220

7

Benioff Marc

CB, CEO

Salesforce.com

CRM

AS

$1,459,091

8

Apollo Mgt Gp

BO

EP Energy

EPE

S

$1,193,988

9

Miller Adam L

CEO, DIR

Cornerstone OnDemand

CSOD

AS

$1,061,421

10

Klarich Lee

VP

Palo Alto Net

PANW

AS

$1,033,758

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes: B =Open-market Buy; AB=10b5-1 (automatic) Buy; JB*=Buy indicated as being open-market, but not confirmed by trading price range and volume for the session. S =Open-market Sale; AS=10b5-1 (automatic) Sale; JS*=Sale indicated as being open-market, but not confirmed by trading price range and volume for the session.

Did you miss our Previous Daily Round Up?

Disclosure: I am/we are long EGN.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.